Solution-What is probability that of next four sold at

What is probability that of next four sold at least in holly

Reference no: EM13867928

Tim Bleckie is the owner of Bleckie Investment and Real Estate Company. The company recently purchased four tracts of land in Holly Farms Estates and six tracts in Newburg Woods. The tracts are all equally desirable and sell for about the same amount.

a. What is the probability that the next two tracts sold will be in Newburg Woods?

b. What is the probability that of the next four sold at least one will be in Holly Farms?

c. Are these events independent or dependent?

Reference no: EM13867928

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What is probability that of next four sold at least in holly

Reference no: EM13867928

Reference no: EM13867928

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